Chiphone Federal Credit Union

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A short history of Chiphone FCU

Since its inception in 1947 the Chiphone Federal Credit Union has been serving its members in the ELKHART, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by TRAVIS MAZUR, the Chiphone FCU has grown its membership to over 10,966 with assets of more than $90,597,872. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (574) 294-3606 or email them at INFO@CHIPHONE.ORG to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ELKHART, IN.

General Information For Chiphone FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 5422
Address 710 N WILDWOOD AVE 
State Indiana 
Zip-Code 46514
Phone Number (574) 294-3606
Fax Number (574) 295-0294
Members 10,966 
Full-Time Employees 39 
Part-Time Employees
Number of Branch Offices
Total Assets 90,597,872 
Website http://WWW.CHIPHONE.ORG 

Compare Chiphone Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Inova CU Berkeley 2448 6th st 94710 (510) 705-5091 No 2.21
Tlcu Financial CU Mishawaka 1816 N Main St 46546 (574) 255-3193 No 11.07
Interra CU Millersburg Branch 113 W Washington St 46527 (574) 534-2506 No 11.46
South Bend Post Office CU South Bend Post Office Credit Union 53790 Generations Dr 46660 (574) 272-8581 No 12.11
Notre Dame CU St. Mary's St. Marys College 46556 (574) 284-5760 No 13.53

Chiphone Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Chiphone Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.90 4.56 5.98 3.58 5.93
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 348 441 80 333
Rank Among All Indiana Credit Unions 45 75 82 9 47

Chiphone Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.10 1.00 0.84
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 134 174 180
Rank Among All Indiana Credit Unions N/A 26 26 27 22
Chiphone Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9001,3393,832,068
All Other Unsecured Loans/Lines of Credit 12.440532299,048
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.560991,732,474
Used Vehicle Loans 5.9801,13411,302,802
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.58026215,876,996
Total Other Real Estate Loans/Lines of Credit 5.9301682,873,382
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7601822,404,372
TOTAL LOANS & LEASES 3,71638,321,142

Chiphone Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1118,018,2402246,972
    b. 15 Years or less 1457,356,0146387,791
    a. > 15 years 6502,74200
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 10221,05000
Closed-End Adjustable Rate 211,33100
Open-End Adjustable Rate 1562,641,0015129,000
Open-End Fixed Rate 0000
TOTALS 43018,750,37813763,763


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 13269,5250
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Chiphone Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes